8, BROAD FLEET CLOSE, OULTON, LOWESTOFT, NR32 3RA - £195,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 BROAD FLEET CLOSE is a small extended detached house of 87m², built sometime between 1996 and 2002. It was last sold for £195,000 in August 2016, which was around 39% below the average August 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

8 BROAD FLEET CLOSE Sold Prices

Land registry data shows three sales for 8 BROAD FLEET CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 8 BROAD FLEET CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 26 AUG	£195,000	£320,108	39% below HPI
2013 25 OCT	£171,000	£266,648	36% below HPI
2001 12 JUL	£89,995	£130,926	31% below HPI

8 BROAD FLEET CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 8 BROAD FLEET CLOSE sales between July 2001 and August 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2013 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2016 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 8 BROAD FLEET CLOSE?

8 BROAD FLEET CLOSE is 87m², which includes two extensions, according to the EPC inspection conducted in November 2012. This puts it in the smallest 40% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 8 BROAD FLEET CLOSE lies on this distribution: 39% of detached houses are smaller than 8 BROAD FLEET CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

8 BROAD FLEET CLOSE: Plot and Title Map

8 BROAD FLEET CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 8 BROAD FLEET CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8 BROAD FLEET CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 8 BROAD FLEET CLOSE?

8 BROAD FLEET CLOSE is located in OULTON, in the NR32 postcode district. The below map shows the position of No. 8 on BROAD FLEET CLOSE.